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5. Your 69-year old aunt has savings of Rs. 350,000. She has made arrangements to enter a home for the aged on reaching the age

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5. Your 69-year old aunt has savings of Rs. 350,000. She has made arrangements to enter a home for the aged on reaching the age of 80. Your aunt wants to decrease her savings by a constant amount each year for ten years, with a zero balance remaining. How much can she withdraw each year if she earns 6% annually on her savings? Her first withdrawal would be one year from today

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